Affle Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 24, 2024 at 01:04 pm
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Affle (India) Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 5,062.16 million compared to INR 3,558.17 million a year ago. Revenue was INR 5,334.89 million compared to INR 3,733.41 million a year ago. Net income was INR 874.91 million compared to INR 624.04 million a year ago. Basic earnings per share from continuing operations was INR 6.45 compared to INR 4.68 a year ago. Diluted earnings per share from continuing operations was INR 6.45 compared to INR 4.68 a year ago.
For the full year, sales was INR 18,428.11 million compared to INR 14,339.56 million a year ago. Revenue was INR 19,000.15 million compared to INR 14,882.8 million a year ago. Net income was INR 2,972.69 million compared to INR 2,445.89 million a year ago. Basic earnings per share from continuing operations was INR 21.91 compared to INR 18.43 a year ago. Diluted earnings per share from continuing operations was INR 21.91 compared to INR 18.43 a year ago.
Affle (India) Limited is a global technology company. The Company provides a consumer intelligence platform that delivers consumer engagement, acquisitions, and transactions through relevant mobile advertising. Its segments include the Consumer Platform and the Enterprise Platform. The Consumer Platform segment delivers consumer recommendations and conversions through relevant mobile advertising. Its user acquisition and engagement solutions help applications, businesses, and brands to advertise and discover as well as re-engage their valuable customers. The Enterprise Platform segment offers an array of digital transformation services to build audience-centric digital assets. Its platforms include appnext, Jampp, MAAS, RevX, and Vizury, among others. It also provides end-to-end solutions for enterprises to enhance their engagement with mobile users, such as developing applications, enabling offline to online commerce for offline businesses with e-commerce aspirations and others.